Al Gore Reaps Profits from his Global Warming Alarmism

It was in the movie, ‘All the President’s Men’ that we heard Deep Throat advise reporter Bob Woodward to “Follow the money”, while investigating what would turn out to be the called the Watergate scandal. It has been quite a few years since that story broke, but the quote is as relevant today as it was then. If you want to see some motivation behind Al Gore’s campaign of Global Warming Alarmism, you only need to follow the money.

Although a veritable spider web of links and associations, some patterns can be discerned. Al Gore himself is on record stating that all the profits from his over the top alarmist pseudo –documentary, ‘An Inconvenient Truth’, are being funneled into the ‘Alliance for Climate Protection’, a 501(3) (c) organization pushing for legislation forcing “cap-and-trade” policies on carbon emissions.

Al Gore founded the Alliance for Climate Protection.

“Cap-and-trade” means that through governmental regulation carbon dioxide emissions from industries are “capped” at a ceiling level, then if those caps are exceeded then in order to avoid heavy fines the industry must “trade” their additional emissions by purchasing “carbon-credits”.

Since 85% of all U.S. energy is supplied by oil, coal and natural gas, which produce carbon dioxide emissions, the potential market for purchasing carbon-credits is enormous. The lower the cap, the higher the amount of carbon-credits that governmental regulations will require industry to purchase. Since the U.S. economy is growing, and emissions are projected to grow, the purchasing of carbon-credits would be a multi-billion dollar industry of itself. Al Gore is pushing heavily to create this carbon-asset / carbon-credit marketplace.

An example of an investment firm that purchases carbon-assets, essentially where the sellers of carbon assets meet the buyers of carbon credits, would be the private firm Generation Investment Management (GIM), which is heavily laden with ex-Goldman Sachs employees, and in many ways still linked with Goldman Sachs. Goldman Sachs has spent millions researching possible new government policies around carbon emissions and has committed a billion dollars to carbon-asset projects. Generation Investment Management (GIM) is making profits through governmental legislation on a global scale, from conformity to the Kyoto Protocols. It was the Kyoto Protocols that then Vice President Al Gore symbolically signed on November 12, 1998, despite being voted down unanimously by the United States Senate. Generation Investment Management (GIM) assets, profits and sources of investment are, according to Forbes magazine, “secret”.

Al Gore founded Generation Investment Management (GIM).

In order to make billions off the cap-and-trade scam, in order to sell participation in the scam, you might want to run it like a political campaign. Coincidentally, as well as founding GIM, Al Gore made sure the President of GIM is lawyer Peter Knight, who had been on Gore’s campaign since the Senate and was campaign manager for the Gore-Clinton campaign in 1996. How appropriate.

In summary …

Al Gore, if he is successful at creating a global panic over carbon dioxide emissions, is poised to make potentially billions of dollars off that fear. As the high priest of the Church of Global Warming, some might find that … suspicious. Follow the money.


Jonathan RF Cooke
10 December, 2007

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